KUALA LUMPUR, 27 MAY 2021 – Hong Leong Financial Group Berhad (“HLFG” or the “Group”) today announced its results for the nine months ended 31 March 2021 (“9MFY21”).
The Group recorded a net profit attributable to shareholders of RM1.7 billion, an increase of 27.0% year-on-year (“y-o-y”) for the period due to solid contributions from all its operating businesses; the commercial banking division, Hong Leong Bank Berhad (“HLB”), the insurance division, HLA Holdings Sdn Bhd (“HLAH”) and the investment banking division, Hong Leong Capital Berhad (“HLCB”).
Our efforts on our Islamic financial services continue to show results; net income from our Islamic banking and Takaful businesses for the period was RM734 million, an increase of 12.4% y-o-y. The contribution of the Islamic businesses to HLFG Group’s profit before tax was 13.9%.
Book value per share increased from RM18.43 as at 30 June 2020 to RM19.50 as at 31 March 2021.